The Kuwait Fund for Arab Economic Development will celebrate its 50th anniversary on February 22 to coincide with Kuwait's national holidays, its Director General Abdulwahab Al-Bader said Saturday.
"KFAED is a state institution and since it was founded half a century ago, reflects the wisdom of the then political leadership," Al-Bader said in a press statement.
"The celebrations of the KFAED's 50th anniversary (on December 31) will focus on its achievements over the past five decades." Al-Bader expressed pride for the coincidence of the KFAED's celebrations with Kuwait's national celebrations, including the day of independence, His Highness the Amir Sheikh Sabah Al-Jaber Al-Sabah's assumption of power, and the day of the liberation from the Iraqi occupation.
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